In the news — September 23

Kenya: The weighted average yield on Kenya’s 20-year bond fell at auction to 14.601 percent at this week’s auction from 14.836 percent at the last sale in July, the central bank said. (KENYAN WALL STREET) READ MORE

Nigeria: The naira fell to an all-time low of 436 to a single dollar on Thursday at the parallel market, as scarcity of the greenback continues to hurt the forex market. (THE CABLE.NG) READ MORE

Ghana: The World Bank will provide up to $500 million to Ghana in the form of a partial risk guarantee for use if the country defaults on payments for gas from the Sankofa field, the state oil company said on Thursday. (KITCO.COM) READ MORE

Egypt’s central bank kept its key interest rates unchanged at a monetary policy meeting on Thursday, confounding a unanimous forecast by analysts that it would hike borrowing costs to curb inflation. (REUTERS) READ MORE

South Africa: JSE closed substantially firmer on Thursday buoyed by risk-on global sentiment and the Reserve Bank’s decision to keep interest rates unchanged. (BDLIVE) READ MORE

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